Atlanta Postal Credit Union Mortgage Lending & HMDA Data, 2008

In 2008, Atlanta Postal Credit Union of Atlanta, GA reported 575 mortgage applications totaling $69.0 million, down 6% from 2007. The average application was for $120,003, and applicants reported an average income of $82,857. 51% of its applications resulted in an originated loan and 22% were denied. Its largest markets were Atlanta-Sandy Springs-Marietta, GA (325), Macon, GA (10) and Raleigh-Cary, NC (8) (applications in parentheses).

Mortgage Company & Address Atlanta Postal Credit Union
1605 Boggs Road
Atlanta, GA 30354
Tel #: available with data download
Federal Regulator * available with data download
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Total Number of Mortgage Applications 575
Total Mortgage Loan Application Amount $69,002,000
Average Mortgage Loan Application Amount $120,003
Highest Mortgage Loan Application Amount $690,000
Average Applicant Income $82,857
Highest Applicant Income $1,311,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Atlanta Postal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Atlanta Postal Credit Union by County in 2008

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Fulton, Georgia 57 $ 6,372,000 $ 111,789 $ 62,000
DeKalb, Georgia 42 $ 5,646,000 $ 134,428 $ 60,000
Gwinnett, Georgia 42 $ 6,071,000 $ 144,547 $ 74,000
Clayton, Georgia 33 $ 3,549,000 $ 107,545 $ 59,000
Cobb, Georgia 23 $ 2,753,000 $ 119,695 $ 57,000
Henry, Georgia 17 $ 2,799,000 $ 164,647 $ 60,000
Douglas, Georgia 13 $ 2,124,000 $ 163,384 $ 79,000
Spalding, Georgia 13 $ 1,268,000 $ 97,538 $ 163,000
Fayette, Georgia 12 $ 1,622,000 $ 135,166 $ 79,000
Carroll, Georgia 10 $ 1,110,000 $ 111,000 $ 78,000
Bibb, Georgia 9 $ 682,000 $ 75,777 $ 55,000
Paulding, Georgia 9 $ 739,000 $ 82,111 $ 74,000
Walton, Georgia 8 $ 783,000 $ 97,875 $ 68,000
Forsyth, Georgia 6 $ 879,000 $ 146,500 $ 81,000
Pickens, Georgia 6 $ 465,000 $ 77,500 $ 63,000
Wake, North Carolina 6 $ 609,000 $ 101,500 $ 81,000
Butts, Georgia 5 $ 340,000 $ 68,000 $ 50,000
Coweta, Georgia 5 $ 390,000 $ 78,000 $ 76,000
Randolph, North Carolina 5 $ 615,000 $ 123,000 $ 59,000
Bay, Florida 4 $ 1,018,000 $ 254,500 $ 665,000
Bartow, Georgia 4 $ 480,000 $ 120,000 $ 73,000
Cherokee, Georgia 4 $ 347,000 $ 86,750 $ 76,000
Putnam, Georgia 4 $ 592,000 $ 148,000 $ 69,000
Duval, Florida 3 $ 537,000 $ 179,000 $ 88,000
Lee, Florida 3 $ 461,000 $ 153,666 $ 76,000
Marion, Florida 3 $ 435,000 $ 145,000 $ 83,000
Barrow, Georgia 3 $ 469,000 $ 156,333 $ 63,000
Hall, Georgia 3 $ 268,000 $ 89,333 $ 67,000
Lamar, Georgia 3 $ 550,000 $ 183,333 $ 149,000
Meriwether, Georgia 3 $ 132,000 $ 44,000 $ 50,000
Rockdale, Georgia 3 $ 405,000 $ 135,000 $ 86,000
Tate, Mississippi 3 $ 280,000 $ 93,333 $ 58,000
Greenville, South Carolina 3 $ 275,000 $ 91,666 $ 66,000
Lexington, South Carolina 3 $ 102,000 $ 34,000 $ 61,000
Shelby, Tennessee 3 $ 336,000 $ 112,000 $ 80,000
Baldwin, Alabama 2 $ 303,000 $ 151,500 $ 104,000
Jefferson, Alabama 2 $ 79,000 $ 39,500 $ 138,000
Shelby, Alabama 2 $ 469,000 $ 234,500 $ 114,000
Brevard, Florida 2 $ 258,000 $ 129,000 $ 15,000
Citrus, Florida 2 $ 125,000 $ 62,500 $ 34,000
Leon, Florida 2 $ 290,000 $ 145,000 $ 80,000
Volusia, Florida 2 $ 353,000 $ 176,500 $ 675,000
Candler, Georgia 2 $ 596,000 $ 298,000 $ 97,000
Chatham, Georgia 2 $ 315,000 $ 157,500 $ 47,000
Clarke, Georgia 2 $ 398,000 $ 199,000 $ 61,000
Emanuel, Georgia 2 $ 35,000 $ 17,500 $ 62,000
Habersham, Georgia 2 $ 377,000 $ 188,500 $ 116,000
Jackson, Georgia 2 $ 192,000 $ 96,000 $ 79,000
Newton, Georgia 2 $ 130,000 $ 65,000 $ 114,000
Towns, Georgia 2 $ 283,000 $ 141,500 $ 60,000
Union, Georgia 2 $ 289,000 $ 144,500 $ 71,000
Warren, Georgia 2 $ 207,000 $ 103,500 $ 66,000
Washington, Georgia 2 $ 80,000 $ 40,000 $ 94,000
White, Georgia 2 $ 130,000 $ 65,000 $ 25,000
Howard, Maryland 2 $ 390,000 $ 195,000 $ 192,000
St. Louis, Minnesota 2 $ 77,000 $ 38,500 $ 41,000
Burke, North Carolina 2 $ 146,000 $ 73,000 $ 48,000
Johnston, North Carolina 2 $ 228,000 $ 114,000 $ 71,000
Pender, North Carolina 2 $ 206,000 $ 103,000 $ 42,000
Bucks, Pennsylvania 2 $ 143,000 $ 71,500 $ 38,000
Horry, South Carolina 2 $ 145,000 $ 72,500 $ 172,000
Richland, South Carolina 2 $ 313,000 $ 156,500 $ 85,000
Clallam, Washington 2 $ 195,000 $ 97,500 $ 56,000
Barbour, Alabama 1 $ 67,000 $ 67,000 $ 36,000
Butler, Alabama 1 $ 35,000 $ 35,000 $ 51,000
Calhoun, Alabama 1 $ 133,000 $ 133,000 $ 29,000
Cherokee, Alabama 1 $ 80,000 $ 80,000 $ 107,000
Cleburne, Alabama 1 $ 38,000 $ 38,000 $ 23,000
Cullman, Alabama 1 $ 100,000 $ 100,000 $ 53,000
DeKalb, Alabama 1 $ 32,000 $ 32,000 $ 53,000
Houston, Alabama 1 $ 95,000 $ 95,000 $ 51,000
Lee, Alabama 1 $ 269,000 $ 269,000 $ 131,000
Madison, Alabama 1 $ 110,000 $ 110,000 $ 52,000
Marshall, Alabama 1 $ 30,000 $ 30,000 $ 30,000
Mobile, Alabama 1 $ 143,000 $ 143,000 $ 50,000
St. Clair, Alabama 1 $ 149,000 $ 149,000 $ 127,000
Talladega, Alabama 1 $ 52,000 $ 52,000 $ 99,000
Benton, Arkansas 1 $ 60,000 $ 60,000 $ 89,000
Faulkner, Arkansas 1 $ 48,000 $ 48,000 $ 90,000
Franklin, Arkansas 1 $ 138,000 $ 138,000 $ 42,000
Howard, Arkansas 1 $ 135,000 $ 135,000 $ 135,000
Pulaski, Arkansas 1 $ 104,000 $ 104,000 $ 110,000
St. Francis, Arkansas 1 $ 116,000 $ 116,000 $ 41,000
Adams, Colorado 1 $ 18,000 $ 18,000 $ 83,000
Denver, Colorado 1 $ 165,000 $ 165,000 $ 91,000
Jefferson, Colorado 1 $ 30,000 $ 30,000 $ 50,000
Fairfield, Connecticut 1 $ 96,000 $ 96,000 $ 37,000
New London, Connecticut 1 $ 25,000 $ 25,000 $ 55,000
Collier, Florida 1 $ 190,000 $ 190,000 $ 93,000
Escambia, Florida 1 $ 143,000 $ 143,000 $ 84,000
Jackson, Florida 1 $ 109,000 $ 109,000 $ 50,000
Levy, Florida 1 $ 35,000 $ 35,000 $ 36,000
Okeechobee, Florida 1 $ 99,000 $ 99,000 $ 40,000
St. Johns, Florida 1 $ 229,000 $ 229,000 $ 39,000
Banks, Georgia 1 $ 326,000 $ 326,000 $ 60,000
Catoosa, Georgia 1 $ 47,000 $ 47,000 $ 56,000
Chattooga, Georgia 1 $ 99,000 $ 99,000 $ 48,000
Crawford, Georgia 1 $ 62,000 $ 62,000 $ 47,000
Dawson, Georgia 1 $ 240,000 $ 240,000 $ 114,000
Dodge, Georgia 1 $ 62,000 $ 62,000 $ 734,000
Fannin, Georgia 1 $ 145,000 $ 145,000 $ 54,000
Franklin, Georgia 1 $ 100,000 $ 100,000 $ 39,000
Gilmer, Georgia 1 $ 30,000 $ 30,000 $ 105,000
Gordon, Georgia 1 $ 75,000 $ 75,000 $ 84,000
Greene, Georgia 1 $ 88,000 $ 88,000 $ 47,000
Hart, Georgia 1 $ 100,000 $ 100,000 $ 89,000
Houston, Georgia 1 $ 47,000 $ 47,000 $ 54,000
Jefferson, Georgia 1 $ 80,000 $ 80,000 $ 53,000
Laurens, Georgia 1 $ 29,000 $ 29,000 $ 53,000
Madison, Georgia 1 $ 203,000 $ 203,000 $ 66,000
Murray, Georgia 1 $ 23,000 $ 23,000 $ 101,000
Pike, Georgia 1 $ 34,000 $ 34,000 $ 62,000
Upson, Georgia 1 $ 263,000 $ 263,000 $ 66,000
Wilkes, Georgia 1 $ 67,000 $ 67,000 $ 87,000
Canyon, Idaho 1 $ 110,000 $ 110,000 $ 54,000
DuPage, Illinois 1 $ 573,000 $ 573,000 $ 223,000
Stephenson, Illinois 1 $ 77,000 $ 77,000 $ 53,000
Allen, Indiana 1 $ 98,000 $ 98,000 $ 105,000
Benton, Indiana 1 $ 113,000 $ 113,000 $ 21,000
Fountain, Indiana 1 $ 125,000 $ 125,000 $ 93,000
Marion, Indiana 1 $ 82,000 $ 82,000 $ 94,000
Story, Iowa 1 $ 23,000 $ 23,000 $ 99,000
Marshall, Kentucky 1 $ 44,000 $ 44,000 $ 79,000
Iberia, Louisiana 1 $ 70,000 $ 70,000 $ 44,000
St. Tammany, Louisiana 1 $ 166,000 $ 166,000 $ 69,000
Anne Arundel, Maryland 1 $ 26,000 $ 26,000 $ 113,000
Caroline, Maryland 1 $ 150,000 $ 150,000 $ 44,000
Prince George's, Maryland 1 $ 281,000 $ 281,000 $ 83,000
Greene, Mississippi 1 $ 12,000 $ 12,000 $ 55,000
Pontotoc, Mississippi 1 $ 66,000 $ 66,000 $ 103,000
Osage, Missouri 1 $ 162,000 $ 162,000 $ 56,000
Wheatland, Montana 1 $ 81,000 $ 81,000 $ 52,000
Douglas, Nebraska 1 $ 155,000 $ 155,000 $ 100,000
Hudson, New Jersey 1 $ 690,000 $ 690,000 $ 72,000
Ocean, New Jersey 1 $ 203,000 $ 203,000 $ 53,000
Suffolk, New York 1 $ 140,000 $ 140,000 $ 141,000
Warren, New York 1 $ 30,000 $ 30,000 $ 55,000
Brunswick, North Carolina 1 $ 130,000 $ 130,000 $ 43,000
Buncombe, North Carolina 1 $ 68,000 $ 68,000 $ 124,000
Catawba, North Carolina 1 $ 170,000 $ 170,000 $ 65,000
Cherokee, North Carolina 1 $ 200,000 $ 200,000 $ 87,000
Davidson, North Carolina 1 $ 38,000 $ 38,000 $ 96,000
Gaston, North Carolina 1 $ 66,000 $ 66,000 $ 53,000
Granville, North Carolina 1 $ 56,000 $ 56,000 $ 101,000
Guilford, North Carolina 1 $ 23,000 $ 23,000 $ 49,000
Henderson, North Carolina 1 $ 125,000 $ 125,000 $ 92,000
Mecklenburg, North Carolina 1 $ 203,000 $ 203,000 $ 96,000
Rockingham, North Carolina 1 $ 63,000 $ 63,000 $ 60,000
Clermont, Ohio 1 $ 85,000 $ 85,000 $ 58,000
Guernsey, Ohio 1 $ 53,000 $ 53,000 $ 56,000
Highland, Ohio 1 $ 50,000 $ 50,000 $ 107,000
Lucas, Ohio 1 $ 25,000 $ 25,000 $ 39,000
Mahoning, Ohio 1 $ 76,000 $ 76,000 $ 77,000
Canadian, Oklahoma 1 $ 145,000 $ 145,000 $ 39,000
McCurtain, Oklahoma 1 $ 171,000 $ 171,000 $ 98,000
Texas, Oklahoma 1 $ 53,000 $ 53,000 $ 136,000
Lincoln, Oregon 1 $ 150,000 $ 150,000 $ 62,000
Chester, Pennsylvania 1 $ 190,000 $ 190,000 $ 101,000
Dauphin, Pennsylvania 1 $ 133,000 $ 133,000 $ 65,000
Jefferson, Pennsylvania 1 $ 65,000 $ 65,000 $ 60,000
Philadelphia, Pennsylvania 1 $ 120,000 $ 120,000 $ 62,000
Aiken, South Carolina 1 $ 168,000 $ 168,000 $ 79,000
Dillon, South Carolina 1 $ 11,000 $ 11,000 $ 70,000
Edgefield, South Carolina 1 $ 100,000 $ 100,000 $ 65,000
Oconee, South Carolina 1 $ 35,000 $ 35,000 $ 29,000
Cannon, Tennessee 1 $ 139,000 $ 139,000 $ 49,000
Franklin, Tennessee 1 $ 40,000 $ 40,000 $ 103,000
Sevier, Tennessee 1 $ 20,000 $ 20,000 $ 51,000
Burnet, Texas 1 $ 57,000 $ 57,000 $ 84,000
Harris, Texas 1 $ 90,000 $ 90,000 $ 83,000
Franklin, Virginia 1 $ 78,000 $ 78,000 $ 89,000
Grayson, Virginia 1 $ 81,000 $ 81,000 $ 55,000
Lee, Virginia 1 $ 150,000 $ 150,000 $ 52,000
Northampton, Virginia 1 $ 75,000 $ 75,000 $ 76,000
Page, Virginia 1 $ 118,000 $ 118,000 $ 103,000
Spotsylvania, Virginia 1 $ 54,000 $ 54,000 $ 103,000
Washington, Virginia 1 $ 115,000 $ 115,000 $ 45,000
Wood, West Virginia 1 $ 30,000 $ 30,000 $ 70,000
Dane, Wisconsin 1 $ 131,000 $ 131,000 $ 56,000
Monroe, Wisconsin 1 $ 97,000 $ 97,000 $ 57,000

Mortgage Loan Application Detail Totals for Atlanta Postal Credit Union in 2008

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 502 $58,258,000 $116,000 $448,000 $84,000 $1,311,000
Home Purchase 73 $10,744,000 $147,000 $690,000 $75,000 $319,000
Home Improvement 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 243 $30,061,000 $123,000 $573,000 $90,000 $1,311,000
Not Provided 190 $20,648,000 $108,000 $690,000 $91,000 $1,271,000
Black or African American 132 $16,858,000 $127,000 $371,000 $62,000 $174,000
Asian 5 $982,000 $196,000 $360,000 $69,000 $94,000
Hispanic 4 $353,000 $88,000 $180,000 $43,000 $58,000
American Indian or Alaskan Native 1 $100,000 $100,000 $100,000 $51,000 $51,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 575 $69,002,000 $120,000 $690,000 $83,000 $1,311,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 296 $35,702,000 $120,000 $690,000 $98,000 $1,311,000
Application Withdrawn By Applicant 150 $19,428,000 $129,000 $448,000 $71,000 $734,000
Application Denied By Financial Institution 124 $13,346,000 $107,000 $325,000 $64,000 $208,000
File Closed For Incompleteness 5 $526,000 $105,000 $230,000 $72,000 $106,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Credit History 52 $6,076,000 $116,000 $277,000 $74,000 $194,000
Credit Application Incomplete 33 $2,878,000 $87,000 $186,000 $64,000 $208,000
Debt-To-Income Ratio 30 $3,505,000 $116,000 $325,000 $49,000 $154,000
Collateral 4 $424,000 $106,000 $150,000 $78,000 $107,000
Other 3 $327,000 $109,000 $172,000 $24,000 $47,000
Employment History 1 $35,000 $35,000 $35,000 $68,000 $68,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Atlanta Postal Credit Union's 2008 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Atlanta Postal Credit Union's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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